The Near Death Experience of RobinHood | Vlad Tenev, Co-Founder
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
I wanna come to GameStop for a moment. You need Billions and collateral. You make a decision to restrict the trading. How did you make that decision? It was a situation which had no precedent. The narrative that came out was you were in bed with hedge funds. A juicy falsehood is more powerful than a boring truth. What did you think of the movie Dumb Money When You? I didn't see the entire thing, but I did see the clips that I was in. Wait, come on, you haven't watched it. I think what most companies suffer from is
I wanna come to GameStop for a moment. So Take me back. To the moment your phone rings. You need Billions and collateral.
maybe set the scene for us and you make a decision to Restrict the trading. How did you make that decision? I have very fuzzy recollection of that time. You know, sometimes you talk to um Uh. Trauma victims. Or like uh
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